BUSINESS ACQUISITIONS Business Acquisitions Tables (Tables)

3 Months Ended

Jun. 30, 2020

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The final valuation of acquired assets and assumed liabilities in the transaction as of June 3, 2019, include the following:

Consideration Transferred
Cash consideration	$	601.0
Fair value of CRP	110.0
Total	$	711.0
	Preliminary June 30, 2019		Measurement Period Adjustments		Final June 30, 2020
Net Assets Acquired
Cash and cash equivalents	$	15.1	$	(3.8)	$	11.3
Accounts receivable	16.5		(4.4)		12.1
Unbilled services	26.5		(0.9)		25.6
Inventories	4.5		—		4.5
Prepaid expenses and other	3.5		7.3		10.8
Property, plant and equipment (including ROU operating lease assets)	99.1		29.3		128.4
Deferred income taxes	25.5		(0.3)		25.2
Goodwill	432.2		(55.6)		376.6
Customer relationships	125.8		15.0		140.8
Trade name and trademarks	0.6		—		0.6
Other assets	9.9		—		9.9
Total assets acquired	759.2		(13.4)		745.8
Accounts payable	15.4		(0.2)		15.2
Accrued expenses and other	11.6		(1.2)		10.4
Unearned revenue	49.9		—		49.9
Operating lease liabilities	15.0		(15.0)		—
Other liabilities	66.3		3		69.3
Total liabilities acquired	158.2		(13.4)		144.8
Net Envigo assets acquired	601.0		$	—	$	601.0
Floating rate secured note receivable due 2022	110.0
Total	$	711.0

Business Acquisition, Pro Forma Information [Table Text Block]

Unaudited Pro Forma Information

Had the Company's total 2019 and 2020 acquisitions been completed as of January 1, 2019, the Company's pro forma results would have been as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Revenues	$	2,770.7	$	2,941.0	$	5,596.7	$	5,775.9
Net earnings attributable to Laboratory Corporation of America Holdings	$	231.8	$	194.3	$	(84.9)	$	382.6

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

	Carrying amount of hedged liabilities as of				Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Liabilities as of
	June 30, 2020		December 31, 2019		June 30, 2020		December 31, 2019
Balance Sheet Line Item in which Hedged Items are Included
Current portion, long term debt	$	302.3	$	301.5	$	2.3	$	1.5